Magnetic behaviour of di-metal iron phosphide with a small substitution of iron by chromium, (Fe_0.97Cr_0.03)₂P, has been studied using SQUID magnetometry and powder neutron diffraction. It is paramagnetic at temperatures above ∼180 K with persisting short range ferromagnetic (FM) order. At lower temperatures three different regions of magnetic behaviour are identified. FM order evolves in the region 180 K-120 K but much more slowly and with much less magnetic moments than in Fe₂P. In the region 120 K-50 K negative exchange interactions gain some importance leading to a loss of FM order. Below 50 K FM interactions again dominate. Pinning centres influence the behaviour at low temperature up to ∼100 K.